November 5, 2007
Prospector
Profile
07.1501
 
Aftersoft Group, Inc. NAICS 511210
Regus House, Herons Way, Chester Business Park Chester, United Kingdom CH4 9QR Description Software Publishers
011-44-124-489-3138 Employees 203
http://www.aftersoftgroup.com/ Revenue (mil) 26.7780
  Income (mil) -3.4880
  Assets (mil) 39.1460
  Liability (mil) 14.1080
  (for the year ended 2007-06-30)
 
Category: Loss/Deficit
 
Event: Aftersoft Group, Inc. had a net loss of $3.49 million on revenues of $26.78 million for the year ended June 30, 2007, much higher than the net loss of $1.28 million on revenues of $23.48 million reported during the previous fiscal year. As of June 30, 2007, the Company's balance sheet showed an accumulated deficit of $2.62 million. It also has strained liquidity with $7.57 million in total current assets available to pay $10.97 in total current liabilities.
 
Intellectual Property: The Company's MAM Software subsidiary holds a UK trademark for its Autonet product. The trademark is a graphical device that is made up of text saying “Autonet Tailored Internet Solutions for the Automotive Industry.” [SEC Filing 10-KSB 10-12-07]
 
Description: The Company provides software, information and services to the automotive aftermarket in the U.S., UK and Canada and to the automotive dealership market in the UK.
 
Officers: Ian Warwick (Chair, CEO & Dir.); Michael O’Driscoll (CFO); Simon Chadwick (COO & Dir.); Dwight B Mamanteo (Dir.); Marcus Wohlrab (Dir.); Frederick Wasserman (Dir.)
 
Auditor: KMJ Corbin & Company LLP
 
Securities: Common Stock-Symbol ASFG.OB; OTC BB; 87,054,471 common shares outstanding as of September 28, 2007.
 
 
 
return to main page